MSFT - Microsoft's Skype Sees 70% User Growth in March 2020
With the COVID-19 pandemic resulting in business shutdowns all over the world, virtual calling and messaging tools are experiencing a dramatic surge in demand. One such platform is Microsoft's (NASDAQ: MSFT) Skype, which has seen a tremendous increase in usage.
Skype's average daily users have increased to 40 million, a rise of 70% month over month, according to the company's blog post. Skype to Skype calling minutes have increased by 220% as well. Microsoft even introduced a feature for this platform called Meet Now that enables users to "easily create video meetings in as little as three clicks for free, no signups or downloads required."
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